GCL and Powin Energy JV to Deliver Energy Storage Solutions Updated On Mon, Nov 18th, 2019 by Saurenergy GCL SI and Powin Energy have announced a JV, G-Powin Energy Solution, to expand their energy storage business in the Asia-Pacific region. GCL System Integration (GCL SI) and Powin Energy have announced a joint venture (JV), branded as G-Powin Energy Solution, to expand their energy storage business in the Asia-Pacific region. “GCL SI has supplied over 18 GW of […] Read more
India’s Largest Solar Project Worth Rs 50k Cr to be Completed in 4 Yrs: Amit Shah Updated On Mon, Nov 18th, 2019 by Saurenergy The Union Home Minister Amit Shah has said that the country’s largest solar project of 7.5 GW worth Rs 50,000 crore will be completed in four years, besides 9 MW hydro power project. Shah further added that, this will not only bring development in the Ladakh region but will also create employment opportunities. He was […] Read more
AIIB Sets Aside $75 mn Loan for Renewables Financing in India Updated On Mon, Nov 18th, 2019 by Saurenergy AIIB has ramped up its investments in India with a USD 75 million loan to boost private capital investment in renewable energy, power transmission, etc. The Asian Infrastructure Investment Bank (AIIB) has ramped up its investments in India with total in-country financing now standing at USD 2.9 billion. Two of its most recent projects—approved by […] Read more
TBEA To Open GW-class PV Inverter Facility in India on November 29 Updated On Fri, Nov 15th, 2019 by Saurenergy TBEA Xi’an Electric Technology Co. Ltd., an arm of TBEA Group, will inaugurate its GW-class photovoltaic (PV) inverter facility in India on November 29 this year. The firm has emerged as a strong player from its base in China, establishing 2 R&D centers in Xi’an and Munich, Germany. With more than 10 major scientific research […] Read more
ISTS Charges Waived for Solar & Wind Projects Commissioned by 2022 Updated On Fri, Nov 15th, 2019 by Saurenergy Ministry of Power has announced that ISTS charges for solar and wind energy projects will be waived off if they are commissioned before December 31, 2022 The Ministry of Power (MoP) has announced that the Interstate Transmission System (ISTS) charges and losses on the transmission of electricity generated from solar and wind energy projects will […] Read more
E.ON and RWE Complete Renewable Power Supply Agreement Updated On Thu, Nov 14th, 2019 by Saurenergy E.ON and RWE Renewables have announced a new 2.5-year agreement on purchasing the output of more than 20 British wind farms amounting to nearly 892 MW E.ON and RWE Renewables have announced a new 2.5-year agreement on purchasing the output of more than 20 British wind farms, supplying sustainable power to the grid and supporting […] Read more
REIL Tenders for 2 MW Solar Energy Plant Updated On Fri, Nov 8th, 2019 by Saurenergy REIL has issued a tender, inviting bids from eligible bidders for setting up of 2 MW solar energy power plant in Rajasthan. Rajasthan Electronics and Instruments Limited (REIL) has issued a tender, inviting bids from eligible bidders for setting up of 2 MW solar energy power plant at the MES Barmer Jalipa Station, Rajasthan. The […] Read more
Coal India Invites Proposals for 100 MW Solar Plant in Chattisgarh Updated On Fri, Nov 8th, 2019 by Saurenergy Coal India has invited proposals from solar power developers and EPC firms for setting up of 100 MW solar energy plant in Chattisgarh under Capex mode. Coal India Limited (CIL), a Government of India enterprise, has issued an Expression of Interest (EoI) inviting proposals from interested solar power developers and Engineering, Procurement and Construction (EPC) […] Read more
MNRE Clarifies on Solar-Wind Hybrid Project Proportioning Under RPO Updated On Fri, Nov 8th, 2019 by Saurenergy MNRE has now clarified that, the RPO contribution of Obligated Entities (OE) consuming energy from hybrid wind-solar power plant shall be based on the relative proportion of energy contributed by each source, calculated based on the ratio of declared capacities of each source in the PPA. The Ministry of New and Renewable Energy (MNRE) has […] Read more